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Going all in on a trade

  • #1
  • First Post: Sep 9, 2016 6:17am Sep 9, 2016 6:17am
Sometimes i have a stupid minds to take a big loan and take one gold trade (gold or very very bad trade). Next take big profit and to pay off loan, and live without job I know this is suicide but do you have sometimes this kind of thoughts?
  • #2
  • Sep 9, 2016 6:43am Sep 9, 2016 6:43am
Quoting Gopixus
Sometimes i have a stupid minds to take a big loan and take one gold trade (gold or very very bad trade). Next take big profit and to pay off loan, and live without job I know this is suicide but do you have sometimes this kind of thoughts?
Getting a loan to trade is dumb. Just get investors.
  • #3
  • Sep 9, 2016 9:08am Sep 9, 2016 9:08am
Quoting Gopixus
but do you have sometimes this kind of thoughts?
Only after a bottle of Wyborowa
"Men Who Can Both Be Right & Sit Tight Are Uncommon" ~ Jesse Livermore
  • #4
  • Sep 9, 2016 10:19am Sep 9, 2016 10:19am
Been there, done that, now in debt. Would not recommend.
  • #5
  • Sep 9, 2016 4:40pm Sep 9, 2016 4:40pm
Quoting Gopixus
Sometimes i have a stupid minds to take a big loan and take one gold trade (gold or very very bad trade). Next take big profit and to pay off loan, and live without job I know this is suicide but do you have sometimes this kind of thoughts?
UNLESS YOU GOT INSIDE INFOMATION YOU SHOULD NEVER DO THAT, GOOD LUCK AND GOODBYE FROM THE FORUM
  • #6
  • Sep 9, 2016 8:24pm Sep 9, 2016 8:24pm
You would be better off going to Casino!!!
  • #7
  • Sep 10, 2016 8:14am Sep 10, 2016 8:14am
Quoting AntiVi
{quote} Getting a loan to trade is dumb. Just get investors.
No actually, if you want to do such stupid trades please do not get investors, get a loan - at least you will be fully responsible for the damage you've caused. Some people simply need pain to learn to control their urges, who am I not to help them (feeling pain)
  • #8
  • Sep 10, 2016 8:26am Sep 10, 2016 8:26am
Quoting JensG
{quote} No actually, if you want to do such stupid trades please do not get investors, get a loan - at least you will be fully responsible for the damage you've caused. Some people simply need pain to learn to control their urges, who am I not to help them (feeling pain)
That's not what I mean. I didn't say anything about doing stupid trades. I just said "to trade". Nobody should be doing stupid trades like that. I thought that was pretty obvious.
  • #9
  • Sep 10, 2016 8:41am Sep 10, 2016 8:41am
Quoting AntiVi
{quote} That's not what I mean. I didn't say anything about doing stupid trades. I just said "to trade". Nobody should be doing stupid trades like that. I thought that was pretty obvious.
You're taking my comment way to serious mate.

In case other people do that, too: Business wise you're right of course, having investors is usually the better choice as they help you spreading your risk - it's basically the most important reason very wealthy business men are still looking for other investors when jumping into a new venture.
  • #10
  • Sep 10, 2016 1:42pm Sep 10, 2016 1:42pm
The trade is only stupid if you lose money
  • #11
  • Sep 10, 2016 2:40pm Sep 10, 2016 2:40pm
Quoting kayz08
The trade is only stupid if you lose money
I disagree.
  • #12
  • Sep 12, 2016 4:20am Sep 12, 2016 4:20am
That is really not a very good idea. First of all, you'll be trading with money you can't really afford to lose, second, you'll essentially bet it all on a single chance that you'll succeed. What happens if you don't succeed? Is there a contingency plan?
  • #13
  • Sep 15, 2016 3:24am Sep 15, 2016 3:24am
I've read a lot... every successfull trader says to think before doing something. The risk must be measured. You have to understand what are you doing and what will you do if you'd meet losses.
Of course, at first time I thought about all in, but then logic woke up. All in sounds like gambling, but not Forex trading. I already tried to use martingale strategy (you know, it's close to gambling too) and it was no fun when I\ve lost all the money. Now I'm trying to use only logic while trading. Anyway, you can be lucky and succeed, and if not - you'll have twice bigger debt... It's not the best outcome.
  • #14
  • Sep 15, 2016 4:54am Sep 15, 2016 4:54am
I agree, risking it all is just not worth it. If you lose it you won't be able to trade any more unless you find more funds to invest, if you find more funds to invest.
  • #15
  • Sep 15, 2016 6:26am Sep 15, 2016 6:26am
Attached Image
If you're not in the 5% yet it's because you have to try 95% harder.
  • #16
  • Sep 16, 2016 5:10am Sep 16, 2016 5:10am
Quoting Dr.Octagon
{image}
That is a good one, I hadn't seen it before.
  • #17
  • Sep 20, 2016 12:06pm Sep 20, 2016 12:06pm
Im planing on going all in one trade. Will deposit 100 bucks and buy facebook stocks like 10 shares.
Doubt kills more dreams than failure ever will.
  • #18
  • Sep 21, 2016 4:53am Sep 21, 2016 4:53am
Quoting pcmaster
Im planing on going all in one trade. Will deposit 100 bucks and buy facebook stocks like 10 shares.
Come back and tell us how it went once you do, please? I'm curious.
  • #19
  • Sep 24, 2016 5:39pm Sep 24, 2016 5:39pm
Quoting Gopixus
Sometimes i have a stupid minds to take a big loan and take one gold trade (gold or very very bad trade). Next take big profit and to pay off loan, and live without job I know this is suicide but do you have sometimes this kind of thoughts?
Let me add my 2 cents
The guys that commented are drifting away from the question.
It's not trading question.
It's a "one time trade" Chance of win is say 49% considering spread. Depending on what TP and margin call you have, return ratio can be very good.  Pick a trending market
 
Now about losing. Say 51% chance. What's the risk for you?
If you borrow money from friends - bad. If you borrow from a bank,  depends where you live. In USA? Go and do chapter 11. No money no problems. 
 
So it's all relative
Not an advice.
Beware of robber banks (RB), bad advisors.
  • #20
  • Sep 24, 2016 5:47pm Sep 24, 2016 5:47pm
Quoting pcmaster
Im planing on going all in one trade. Will deposit 100 bucks and buy facebook stocks like 10 shares.
100 bucks. oh how brave. that is all in? Man, you are poor, save your money for food
(.)(.) think first ...
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